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Maersk, the world’s largest shipping company, says the Suez Canal blockage’s economic fallout will continue into second half of May

Ever given

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Fallout from the Ever Given’s time lodged in the Suez Canal will “ripple” through the economy for the next few weeks or months, according to Maersk, the world’s biggest shipping company. 

“We will see ripple effects continuing into the second half of May,” Lars Mikael Jensen, head of Maersk’s Global Ocean Network, told The Financial Times.

The Ever Given, which is among the world’s largest container ships, was lodged in the canal for six days, effectively closing one of the world’s most important trade routes.

The Ever Given was operated by the Taiwan-based shipping company Evergreen Group. details ⇒

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